Edgewood Real Estate News

Regional Headlines

For much of last week, MarketWatch unofficially became MuskWatch - kind of like when IHOP became IHOb . But instead of burgers, we were busy flipping every relevant angle we could relating to Elon Musk's "Am considering taking Tesla private at $420.
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The Genecov Group has been recognized by Keep Tyler Beautiful with the Beauty and Business Award for the first quarter of 2018. Businesses in the community are recognized for their improvement, upkeep, cleanliness and beautification efforts.
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After a decline in June, North Texas home sales bounced back in July with a 6 percent gain from a year earlier. And sales prices last month were up 6 percent year-over-year in the just-released report on the local housing market.
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Dallas-Fort Worth house price appreciation was at the lowest level in seven years in a benchmark new housing report. D-FW median home prices were up 5.1 percent in the second quarter compared to a year ago, according to the latest estimates by the National Association of Realtors.
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National Headlines

Grunge rock icon Courtney Love was known to trash a hotel room in her nineties hey-day, and she just put her neglected Washington State home on the real estate market for $319K. According to Variety , the listing for the 54-year-old Golden Globe nominee's two-story fixer-upper in rural Olympia humorously indicates that it's in need of 'everything.'
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On Tuesday, the McLean, Virginia-based company announced a revamped Savor card with the highest cashback percentage in the industry for both dining and entertainment. "It's really targeted at anyone who enjoys food and enjoys experiences," said Lauren Liss, Capital One vice president of U.S. Cards.
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A rise in mortgage, auto loan, and credit card balances drives a record amount of post-financial-crisis consumer debt. If consumers are holding record amounts of debt, is that good or bad for the U.S. economy? Surely, intelligent economists could occupy both sides of the debate.
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Royal Bank of Scotland will pay a 4.9 billion US dollar fine to settle allegations it misrepresented the types of mortgages it sold to investors during the housing bubble that ultimately led to the 2008 financial crisis. The US Justice Department said in a statement that the penalty is the largest it has imposed for financial crisis-era misconduct at a single company.
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A search analytics firm has found that the number of online searches for payday loans far outranked mortgage-related queries over the past year in Canada. New data from SEMrush shows that payday loans came in first out of 10 different types of loans, garnering an average search volume of 29,000 a month on search engines such as Google.
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